Hyperliquid: Trader Opens $6.05M BTC Long

Hyperliquid saw a trader open a 96.25 BTC long worth $6.05M at $62,900.9 with 40x leverage two hours ago, setting liquidation at $59,147.3 from address 0xb1e4fbeb90e32e09346c04a44e3ce466d35ac2db.

Price action on the 4h chart sits at $63,102.95 below both EMA50 at $63,827.62 and EMA200 at $63,697.16, confirming bearish structure while MACD at -321.52 prints a death cross; with price pressing the upper Bollinger band at $64,133.79 and RSI at 39.67, a retracement toward the 50-EMA support remains the base case before any continuation attempt.